Even the most popular Nvidia has experienced extremely violent fluctuations, rising more than 3 points for two consecutive days, but immediately plummeting 6 points on the third day, with both fluctuations amounting to hundreds of billions RMB. Tesla has fallen 20% from its highs, and some of the early overheated quantum concept stocks have been cut in half.
Therefore, there is no need to be overly pessimistic about the A-share market's pullback in the past few days, nor is there any need to over-interpret it. A considerable portion of the pricing is following the global pullback.
In fact, judging from the market trends, whether it is A-shares poland telegram data or US stocks, the rise in the fourth quarter of last year did have a certain degree of premature start. It might be better to have a drop in the new round of financial reporting season and release risks in time.
Of course, we must also admit that because there is still great pressure both internally and externally, the retracement of the A-share market will be larger.
Today's intraday rebound is a good sign, but whether it can continue remains to be seen.
From a mapping perspective, if the global market resumes its upward trend, the A-share market will also follow suit. If the financial reports to be released exceed expectations, or if the improvement in economic fundamentals is in line with expectations, the upward momentum will be greater.